Business
India's April-December Fiscal Deficit Narrows to 7.01 Trillion Rupees, Says Government
In April-November, India's fiscal deficit was 7.17 trillion rupees, or about 115 percent of the budgeted target.
Individuals Earning Rs 8-9 Lakh Annually Can Escape Taxes by Proper Investments: Revenue Secretary
Individuals can also take tax savings advantage of interest on home loan up to Rs 2 lakh, Rs 50,000 in National Pension scheme, Rs 75,000 on medical insurance premium.
Govt to Allocate Rs 3,900 Crore to Service Air India Debt
The Air India Asset Holding Ltd, a special purpose vehicle, has been set up as part of financial restructuring of the debt-laden national carrier.
India Brightest Spot in the World, GDP Growth Fastest in 5 Years, Says Piyush Goyal
Presenting the Interim Budget for 2019-20 in the Lok Sabha, Goyal said India has been recognised as the brightest spot in the world in last 5 years.
Tax Sops and Increase in Budgetary Allocation Among Insurance Sector's Wishlist for Budget 2019
Along with the new schemes, certain reports also suggest that the government may announce recapitalisation of state-owned general insurers, which includes National Insurance Company, Oriental Insurance Company and United India Insurance Company.
Amazon Sales Outlook Falls Short After Record Holiday Quarter
Amazon has used fast shipping and exclusive online television shows to attract shoppers, helping maintain its edge as the world's largest online retailer even as competition from rivals like Walmart Inc intensifies
Budget Shayari: When Finance Ministers Married Poetry and Policy
Here’s a look at some of the poems that were recited during the Union Budget speeches.
Sensex Jumps Over 200 Points on Firm Global Cues, ICICI, Tata Steel Among Top Gainers
Similarly, the 50-share NSE Nifty jumped 53.95 points, or 0.51 per cent, to 10,705.75. According to experts, investor sentiment was buoyed by dovish comments by from the US Federal Reserve after it left the key US lending rate unchanged on Wednesday.
Rupee Slips 12 Paise to 71.22 Against USD in Early Trade
Foreign funds bought shares worth Rs 223.44 crore from the capital markets on a net basis on Monday, and domestic institutional investors also bought shares worth Rs 92.32 crore, according to provisional data.
For First Time, Max Life Trumps LIC in Claims Settlement
According to IRDAI's Annual Report for 2017-18, Max Life settled 98.26% of individual death claims while LIC settled 98.04% claims.
Three-Year Delay on Bankruptcy Code Affects Bank Lending and Investments
The Insolvency and Bankruptcy Code, introduced in May 2016, allows even small creditors to file insolvency petitions against a company that had defaulted on debt.
Govt Empowers PSU banks to Request Lookout Circulars Against Wilful Defaulters After Vijay Mallya, Nirav Modi Fiasco
The Home Ministry has also authorised the Serious Fraud Investigation Office (SFIO), a statutory corporate fraud investigation agency, to request LOCs if it feels the suspect may escape from India.
ZEE Group Stocks Crumble; Tank Up to 33%
Shares of Zee Entertainment Enterprises Ltd plunged 26.43 per cent to Rs 319.35, Zee Learn Ltd tumbled 18.49 per cent to Rs 27.55 and Zee Media Corporation Ltd slumped 9.05 per cent to end at Rs 22.10.
Sensex Ends 87 Points up; RIL, Yes Bank Lead Recovery
The 30-share BSE Sensex, after opening higher at 36,146.55 points, gave up all gains and slipped into the negative terrain to crack below the 36,000-mark, and touched a low of 35,996.68.
GDP a 'Fancy Figure', Growth Must Translate to Well Being on Ground, Says Kamal Nath
Kamal Nath strongly defended his government's farm loan waiver decision and said the agricultural sector in India and particularly in his state has been in distress. He also said it was very necessary a step as agriculture is a backbone of the Indian econ...
Businesses, Governments Must Invest in Reskilling to Address Job Loss Worries, Says Wipro CEO
Wipro is recruiting locally everywhere in the world, hiring as many people in the US, for instance, as it typically hires in India, Neemuchwala said.